2 thoughts on “What impact will the central bank's benchmark interest rate adjustment have on the economy?”

  1. The changes in the benchmark interest rate will affect the government's policy decisions, affect the economic benefits of the enterprise, affect the residents' asset investment options, and then have a very important impact on economic operation.
    This information:
    The impact of interest rate changes on the economy, as follows:
    1. The impact of interest rate changes on the macroeconomics macroeconomics believes that the income of residents can be divided into two parts: savings and consumption. Essence
    S savings represent the supply of social funds. Consumption is one of the "three -driving carriages" that drives economic development. The two are self -evident to the important degree of macroeconomic development, and both will be affected by changes in interest rates.
    When interest rates rise, interest income will increase, and residents will increase savings and reduce consumption. When interest rates fall, interest income will decrease, and residents will increase consumption and cause savings to decrease.
    Under certain income, savings and consumption have disappeared.
    Inon that interest rate changes will affect the savings level of the whole society and the consumption level of the whole society.
    2. The impact of interest rate changes on the impact of funds and demand means the use of loan capital, interest rates determine the interest cost of the debtor, and also affect the interest income of the creditors.
    Is when the interest rate is increased, for those with funds, interest income is increased, and they are more willing to transfer the funds in their hands.
    For those with funding demand, the cost of interest increases, and their borrowing demand will be restricted to a certain extent.
    Conversely, when interest rates fall, the amount of capital demand will increase significantly, and the supply of funds will shrink sharply.
    This, the interest rate change has an important impact on the transfer behavior of the capital surplus and the borrowing investment behavior of the capital demanders.
    3. The impact of interest rate changes on investment capital will cause changes in investment scale.
    When interest rates rise, bank savings will be favorable, and funds will be transferred to bank savings. The total social savings will increase, resulting in a decline in total social investment. The funds will be flowing from the total social savings to the total investment of the society, the total social savings increase, and the total investment scale of social investment declines.
    changes in interest rates will cause adjustments to the investment structure.
    Different classification standards will form different interest rate structures, and changes in the interest rate structure will directly affect changes in the investment structure.
    For example: If the long -term interest rate is too high, it will inhibit the long -term investment, the short -term investment demand will increase, and the term structure of the interest rate will affect the structure of the investment; for example, the government implements a preferential interest rate policy for certain industries Investment funds will flow to these industries, and the industry structure of interest rates affects the structure of investment.
    4. Interest rate changes in the impact of money supply in interest rates will cause changes in the total scale of social credit, and the total scale of social credit determines the total amount of currency supply.
    Is increase interest rates, increased credit costs, decreased total credit scale, decreased currency supply, increased currency purchasing power, and price levels will decrease.
    Is when interest rates are reduced, the cost of credit is reduced, the total scale of credit increases, the amount of currency supply will increase, the currency purchasing power will weaken, and the price level will increase.
    The central bank can use interest rate leverage to adjust the scale of credit and currency supply to achieve stable price and economic growth.
    5. The impact of interest rate changes on international revenue and expenditure. When a country continues to have a large number of international revenue and expenditure deficit or surplus, it can cause serious imbalance in international revenue and expenditure and adversely affect the economy of a country.
    The severe deficit will continue to depreciate the currency of a country, that is, the actual purchasing power of one country on foreign commodities, labor and technology weakened, which will affect the development of the domestic economy.
    The severe surplus will continue to appreciate the currency of a country, which will eventually lead to huge inflation pressure on the country's currency, and it will also bring tremendous diplomatic pressure to the country.
    The variable interest rate is an effective means, especially for the imbalance of income and expenditure caused by capital projects, and it will have a significant effect.
    Is when a serious deficit occurs, the short -term interest rate of its country can be raised to attract short -term capital abroad into the country's market and reduce or eliminate the deficit.
    Is when a severe surplus occurs, the interest rate of its country can be reduced to restrict foreign capital flow into the domestic financial market and gradually decrease or eliminate the surplus.

  2. The adjustment of the central bank's benchmark interest rate belongs to the state's use of monetary policy to regulate the economy. If the central bank's deposit and loan benchmark interest rate is increased, it will reduce the amount of currency in circulation and reduce overall social needs. Usually suitable for inflation.
    If the central bank to reduce the benchmark interest rate of deposits and loans, it will increase the amount of currency in circulation, which will expand the total social needs. This policy is usually suitable for economic atrophy.
    The summary is not easy, look at it.

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